Financial Position (continued) 2.2 Non-Financial Assets 2.2A: Reconciliation of the Opening and Closing Balances of Property, Plant and Equipment and Intangibles Property Subject to Operating Leases Lease Improvements Computer, Plant and Equipment Intangibles Total $’000 $’000 $’000 $’000 $’000 7,502 1,797 163 2,394 11,856 (5,002) (983) (59) (2,207) (8,251) 2,500 814 104 187 3,605 - 1,639 905 - 2,544 20,516 - - - 20,516 - (827) (104) (171) (1,102) (2,805) - - - (2,805) (181) - (14) - (195) 20,030 1,626 891 16 22,563 Gross book value 20,516 1,639 1,076 910 24,141 Accumulated depreciation, amortisation and impairment (486) (13) (185) (894) (1,578) Total as at 30 June 2024 20,030 1,626 891 16 22,563 Carrying amount of right-of-use assets 20,030 - - - 20,030 As at 1 July 2023 Gross book value Accumulated depreciation, amortisation and impairment Total as at 1 July 2023 Additions Purchase or internally developed Right-of-use assets Depreciation and amortisation Depreciation on right-of-use assets Disposals Total as at 30 June 2024 Total as at 30 June 2024 represented by No indicators of impairment were found for infrastructure, plant and equipment and intangibles. No infrastructure, plant and equipment and intangibles are expected to be sold or disposed of within the next 12 months. Revaluations of non-financial assets and intangible assets All revaluations were conducted in accordance with the revaluation policy stated at Note 2.2. On 30 June 2024, an independent valuer conducted the revaluations. The independent valuation was not materially different to the carrying value of assets, therefore no adjustments were made to carrying value. Annual Report 2023–2024 • 71